@sloths
The Lightning Network is a layer-2 solution designed to improve Bitcoin’s scalability by enabling faster and cheaper transactions. It operates off-chain, meaning transactions occur outside the main blockchain and only settle on-chain when necessary. This reduces congestion, lowers fees, and speeds up transaction times, making Bitcoin more suitable for everyday use. While it doesn’t completely solve Bitcoin’s scalability challenges, it helps ease the burden on the main network, improving overall efficiency and usability, which could contribute to Bitcoin’s mainstream adoption as a payment method.
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